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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (193392)	11/29/2023 9:24:10 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 220908

There's some long term overhead resistance just above these markets, so they have to negotiate that line soon enough... It may take a few days or weeks, but I suspect one way or the other these markets will eventually blow right through that overhead line and move on to new all time highs... This could happen right away or it could take until the middle of December before it breaks that line, but it will eventually take off and by early February we could be looking at much higher levels than where we are this morning... It's just a big waiting game... Also, if the bonds continue higher, then gold could rally another $400 from current levels... GZ